Officer/Senior Officer, Organisation Risk Management

JAC Recruitment; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

JAC Recruitment in Singapore seeks a professional to own and oversee Organizational Risk Management processes, highlighting high‑risk areas for Management. The role covers outsourcing compliance, BCM/BCP coordination, risk reporting, and support for risk governance across business units.

The ideal candidate has a Bachelor’s degree and at least 4 years of experience in organizational/operational risk, with strong Excel and stakeholder communication skills to engage across departments and with

Qualifications

• Bachelor’s degree in risk, finance, or a related field.
• Strong analytical skills with practical knowledge of risk processes.
• 4+ years of relevant organizational/operational risk experience.

Responsibilities

• Own and oversee Organizational Risk Management processes for reporting to Management.
• Develop, review and maintain risk management tools and frameworks.
• Coordinate Risk Committee and Operational Risk Committee activities.
• Ensure MAS outsourcing guidelines are complied with in risk processes.
• Support BCM, BIA/BCP activities and cross‑functional risk reporting.
• Engage business units to identify risks, controls, and mitigation plans.

Skills

Bachelor’s degree

Microsoft Excel

Risk management

Stakeholder communication

Regulatory awareness

Education

Bachelor’s degree in related field

Tools

MS Office

Job description

About The Role

Own and oversee the Organizational Risk Management processes for the purpose of highlighting potential high-risk areas to the Management team.

About The Role

Own and oversee the Organizational Risk Management processes for the purpose of highlighting potential high-risk areas to the Management team.

Responsibilities

• Organisational Risk Management, Operational Risk Management
  • Develop, review and maintain risk management tools to perform the required assessment
  • Enhance the effectiveness of the existing Organizational Risk Management framework
  • Control, facilitate and consolidate Organizational Risk Register to report to senior management
  • Provide key support to facilitate the completion of the Residual Risk Assessment, working closely with the business units to identify key risks and controls, evaluate inherent and residual risks, and establish mitigation plans as needed
  • Identify and assess key operational risk areas and control gaps. Work with the business units to mitigate the risk and improve controls where necessary
  • Organize and facilitate Risk Committee and Operational Risk Committee in risk cartography process (bank’s risk assessment exercise) to identify the key organizational and operational risk and coordinate validation meetings with business units to review the key risks which will affect their areas and will assess and ensure there are action plans in place
• Outsourcing, New Product/ Business Check
  • Reviewing outsourcing and third-party management related documents such as policy, procedure, manual, and outsourcing register to comply with the new MAS outsourcing Notice, Guidelines and related documents.
  • Ensuring, facilitating and supporting outsourcing process and framework are compliant with MAS Outsourcing Guidelines including consolidation of outsourcing reports to MAS
  • Support other departments in new and periodic third-party management reviews.
  • Facilitate and provide support in setting up New Product Committee to study/review new products or businesses
• Business Continuity Management
  • Review and maintain the BCM framework to ensure compliance with regulatory requirement.
  • Control, facilitate and consolidate BIA/BCP results from the business units
  • Plan, coordinate and conduct BCP test, including call tree exercise.
• Branch Self Audit (BSA), Control Self - Assessment (CSA), Branch Manual List
  • Managing Branch Self Audit
  • Managing Control Self-Assessment Framework/activities and report to Head Office (HO)
  • Managing a process to ensure Policies, Practice Guides and Procedures are reviewed and refreshed on a regular basis
• Environmental Risk Management (EnRM)
  • Maintain and develop a framework
  • Appropriately manages environmental risks to meet expectations from the regulators with coordinating with related departments.
• Others
  • Assisting and supporting HO in all Organizational & Operational risk administration & projects deliverables
  • Responsible for projects as and when assigned. Mentoring junior staff.
  • Liaising with Head Office
  • Any other ad-hoc assignment as required

Requirements

• Bachelor’s degree holder
• Proficient in Microsoft Excel
• Basic understanding of Financial Markets and Risk processes (from risk reporting through approval, through Post-approval monitoring)
• Has good understanding of risk management process and implementing process controls. Experience in working/implementing such method
• Preferably with at least 4 years of relevant experience in organizational/operational risk management
• Possess good communication skills required to engage stakeholders, elevate issues in a timely manner to management for direction and resolution

Candidates requiring visa need not to apply.